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    Versatile Mixed-Use Property with Expansion Potential Title is generated by Realmo AI

    160 Compton Rd, Wantage, NJ 07461

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    Adaptable property ideal for business, investment, or live/work configurations.

    Type:Industrial, Mixed Use, Office, Retail
    Property size:
    1,752 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $256/SF
    Added:
    Mar 10, 2026
    Days on Market:
    69
    Last Refresh:
    Mar 19 at 10:29 pm

    Property Features for 160 Compton Rd

    General Information

    Standard status
    Active
    Size
    1,752 SF
    Lot size
    0.67 Acres
    Property subtype
    Industrial, Mixed Use, Office, Retail

    Building Details

    Year Built
    1928

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    Listing Contact
    Joseph Krumpfer

    Listing agent Joseph Krumpfer License #1325188

    Listing office Krumpfer Realty Group, LLC

    Listing date Mar 10, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Krumpfer Realty Group, LLC

    HighLights

    • HWCO zoning permits diverse uses: retail, office, residential, and more.
    • Large lot with detached 4‑car garage, RV pad, and additional .67‑acre parcel.
    • Adaptable layout suitable for live/work, commercial, or residential‑over‑commercial use.
    • Proactively addressed infrastructure with newer windows, 9‑year‑old roof, new Roth oil tanks, and water purification.
    • First level features spacious rooms convertible into offices or retail space, plus a 20’ x 20’ Trex deck.
    • Second floor includes four rooms suitable for private offices or residential quarters, plus a full bathroom.

    Overview

    This mixed-use property presents an exceptional business and investment opportunity, ideally suited for live/work arrangements or commercial expansion. The property's flexible commercial allowances and existing infrastructure support a wide range of business models and investment strategies. Zoned HWCO, the property permits retail and service establishments, professional offices, restaurants, repair shop/garage operations, indoor recreation, residential apartments over commercial space, agricultural uses, public utilities, accessory structures, parking lots, and signage. The property includes a detached 4-car garage, an RV pad with electric hookup, a large level yard, and an additional 0.67-acre parcel across the street, suitable for expanded parking, equipment storage, or future development. The main building features a functional layout adaptable for office, retail, or residential-over-commercial use. The first level includes a central hallway design with spacious front rooms convertible into offices, conference rooms, or client-facing business space. A 20’ x 20’ Trex deck provides additional flexibility. The main level also includes a kitchen and a half bath/toilet room. Quality hardwood flooring lies beneath the laminate flooring. The second floor includes four additional rooms suitable for private offices or residential quarters, along with a full bathroom and hardwood flooring throughout. A full walk-up attic offers expansion or storage potential. The basement includes one finished room and a storage/utility room. Infrastructure improvements include newer windows, a 9-year-old roof, new Roth oil tanks, a water purification system, and heating upgrades. The property size is 1752 square feet.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $297.8K
    NOI $26,806 @ 9.00% cap · cautious / downside scenario
    Moderate
    $382.9K
    NOI $26,806 @ 7.00% cap · market / base-case scenario
    Aggressive
    $536.1K
    NOI $26,806 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Office B

    Component $ $/SF
    Gross rent $52.6k $30.00
    − Vacancy −$16.8k −$9.60
    EGI $35.7k $20.40
    − OpEx −$8.9k −$5.10
    NOI $26.8k $15.30
    1,752 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $382.9K
    $335.1K – $446.8K (±1% cap)
    NOI $26,806 @ 7.0% cap · market cap 5.97%
    Second Best
    Retail
    $357.2K
    $312.6K – $416.8K (±1% cap)
    NOI $25,007 @ 7.0% cap · market cap 5.57%
    Theoretical Best
    Office A
    $457.5K
    $400.3K – $533.7K (±1% cap)
    NOI $32,024 @ 7.0% cap · market cap 7.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Nail Salon Department Store Bar & Pub Storage Facility Electrical Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wantage
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.6194462
    Latitude
    41.1909027

    FAQs

    What type of property is this?
    Mixed-use property - Adaptable property ideal for business, investment, or live/work configurations.
    Where is this mixed-use property located?
    The property is located at 160 Compton Rd Wantage, NJ.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: HWCO zoning permits diverse uses: retail, office, residential, and more.; Large lot with detached 4‑car garage, RV pad, and additional .67‑acre parcel.; Adaptable layout suitable for live/work, commercial, or residential‑over‑commercial use.
    More about this property
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